DistantNews
Support us
๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Swiss Drugmaker Sandoz Accuses Chinese Firms of Antibiotic Dumping, Urges EU Probe

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Named sources Under investigation
  • Swiss drugmaker Sandoz has filed an anti-dumping complaint with the European Commission against Chinese suppliers of antibiotics.
  • Sandoz alleges Chinese companies receive significant subsidies, allowing them to sell antibiotics at extremely low prices and distort market competition.
  • The company warns that Europe risks losing critical medical manufacturing capabilities if stronger protective measures are not implemented.

Swiss pharmaceutical giant Sandoz has lodged a formal complaint with the European Commission, accusing Chinese suppliers of engaging in anti-competitive practices in the antibiotics market. The company alleges that Chinese manufacturers benefit from substantial state subsidies, enabling them to offer antibiotics at prices below cost, thereby distorting fair market competition.

Sandoz specifically highlighted the import of amoxicillin, a widely used antibiotic, citing clear signs of "market-distorting behavior." The company stated that this situation makes it impossible for European local producers to compete, threatening the continent's domestic production capacity for essential medicines. This marks the first such anti-dumping case in the pharmaceutical sector in decades, according to Sandoz.

Richard Saynor, CEO of Sandoz, emphasized the strategic vulnerability created by the global reliance on antibiotics, with up to 90% of active ingredients produced outside Europe, primarily in China. He warned that this dependency poses a significant risk to public health, crisis response capabilities, and Europe's standing in a rapidly changing world. Sandoz urges the European Commission to launch a formal investigation to justify the imposition of defensive tariffs on Chinese antibiotic imports.

Currently, up to 90% of antibiotic active ingredients globally are produced outside Europe, primarily in China. This situation constitutes a serious strategic vulnerability that directly affects public health, crisis response capabilities, and Europe's ability to defend its position in a rapidly changing world.

โ€” Richard SaynorExplaining the strategic risks associated with the global supply chain for antibiotic ingredients.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.